3 Breakthrough Technologies Changing The Energy Sector
Energy has seen some big changes in the last few years. Coal has stumbled. Renewables have surged. Oil fell hard, then spent years clawing its way back up. But the biggest change in energy has been in...
View ArticleNew Oil Cartel Threatening OPEC
When reports emerged that India and China are in talks about forming an oil buyers' club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance....
View ArticleCoke, Meth And Booze: The Dark Side Of The Permian Oil Boom
The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it's fueling a subculture of drug and alcohol abuse among oil field workers. The post Coke, Meth And...
View ArticleOil Price War: Saudi Arabia vs. Iran
One of the first lessons in Econ 101 is Supply vs. Demand. If the supply is curtailed and demand stays the same the price will go up. A somewhat later lesson is that Government sanctions reduces supply...
View ArticleTechnological Solution to 100 Year Old Oil Problem
For as long as I can remember there has been big talk about the "Oil Shale" in places like Utah, Colorado and Wyoming. According to Wikipedia "The largest oil-shale resource in the world is contained...
View Article$100 Oil Is A Distinct Possibility
An oil price spike is starting to look increasingly possible, with a rerun of 2008 not entirely out of the question, according to a new report. The outages from Iran are worse than most analysts...
View ArticleOil Price Rally Boosts Electric Car Sales
Tesla's competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids. All EV makers will...
View ArticleU.S. Shale Has A Glaring Problem
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a...
View ArticleWill EV’s Cause Peak Oil Demand?
Will oil demand peak around 2030 as electric vehicles gain more and more market share? The post Will EV’s Cause Peak Oil Demand? sent courtesy of Financial Trend Forecaster.
View ArticleThe $32 Trillion Push To Disrupt The Entire Oil Industry
Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but...
View ArticleMerger Mania: The World’s Largest Oil Company And Petrochemical Company Merge
In the following article from OilPrice.com we see a major merger in the works to expand Saudi Aramco from just energy into chemical products. In previous articles we've discussed the possibility that...
View ArticleSmart Money Is Piling Into Oil
Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector. The post Smart Money Is Piling Into Oil sent...
View ArticleIs Saudi Arabia Still an 800 Pound Gorilla
Almost everyone has heard the old joke, "Where does an 800 pound Gorilla sleep?" The answer of course is, "Anywhere he wants to". For most of the last century Saudi Arabia has been the 800 pound...
View ArticleThe Oil Crisis Saudi Arabia Can’t Solve
Quelling fears in the market is the right thing to do, but reality also needs to be addressed. Nasr's message is that of an oil company CEO, taking all precautions to deal with a calamity. ADNOC's...
View ArticleOil Is Now More Volatile Than Bitcoin
You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of the world's most volatile commodities: bitcoin. Bitcoin and most cryptocurrencies are synonymous...
View ArticleOil Demand Impacts Foreign Exchange Rates
To say that the past year has been an extraordinary period for the global oil market would be an understatement. Entering into 2020, the commodity was still feeling the impact of the late 2019 drone...
View ArticleOil Majors That Bet Big On Renewables
Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Despite the...
View ArticleChina Ramps Up U.S. Crude Oil Imports
China has been buying a lot of U.S. crude oil lately, perhaps in a belated attempt to fulfill some of the energy import quotas agreed with Washington last year or perhaps in a bid to take advantage of...
View ArticleThe Future of U.S. Energy Independence
Historically, access to energy has been of strategic importance as countries that are not energy independent are subject to embargos, shortages, and political blackmail. In years past, wars were fought...
View ArticleWhich is Over Priced? Oil or Gold?
Was gold in a Bubble? Does the recent correction mean anything? With the value of the dollar constantly changing it is hard to tell what it all means. After all, can you imagine trying to build a house...
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